GARCO is a property company in Maaseik. Public Limited, started on 9 March 1983, 1 establishment.

What is the address of GARCO?

The registered office of GARCO is located at Bosstraat 24 box 7, 3680 Maaseik.

Is GARCO still active?

Yes. According to the CBE (30 October 2026) GARCO is active, legal situation “Normale toestand”, started on 9 March 1983.

Is GARCO registered on Peppol?

Yes, GARCO is registered on the Peppol network with ID 0208:0423942161.

What is the enterprise number of GARCO?

The enterprise number of GARCO is BE0423942161.

When was GARCO founded?

GARCO was founded on 9 March 1983.

Is GARCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 March 1983; 5 annual accounts filed, latest fiscal year 2025; 8 directors known from the annual account.

How much profit did GARCO make in 2025?

GARCO posted a profit after taxes of € 62,315 in financial year 2025.

What is the revenue of GARCO?

As a small company, GARCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 435,006.

GARCO (Public Limited) - Maaseik - BE0423942161

Q: Who are the directors of GARCO?

According to the 2025 annual accounts, the directors of GARCO are: Koen Corstjens, Veerle Corstjens, Hilde Corstjens, An Corstjens, Katrien Corstjens, Godfried Corstjens, Willem Corstjens, Alfred Corstjens.

Dossier GARCO, printed on 30 October 2026 from databakkes.be/en/0423942161/garco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GARCO from Maaseik, company number BE0423942161, closed financial year 2025 with a result of € 62,315 after tax. For that financial year GARCO recorded a gross margin of € 435,006 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 66,681 to € 62,315. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 2.7 million

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 62,315

▼ 7% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 118,503

▼ 30% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2 million.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 997,952

▼ 31% vs 2024

€ 177,776 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 117,106

▲ 69% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 35,691

▲ 89% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 502,018 Gross margin 2022: € 502,018 First fiscal year in the series	€ 485,361 Gross margin 2023: € 485,361 ▼ 3% vs 2022 (€ 502,018) Unfavourable step	€ 465,947 Gross margin 2024: € 465,947 ▼ 4% vs 2023 (€ 485,361) Unfavourable step	€ 435,006 Gross margin 2025: € 435,006 ▼ 7% vs 2024 (€ 465,947) Unfavourable step	▼ 7%
Profit after taxes	€ 78,998 Profit after taxes 2022: € 78,998 First fiscal year in the series	€ -10,379 Profit after taxes 2023: € -10,379 ▼ € 89,376 vs 2022 (€ 78,998) Unfavourable step	€ 66,681 Profit after taxes 2024: € 66,681 ▲ € 77,060 vs 2023 (€ -10,379) Favourable step	€ 62,315 Profit after taxes 2025: € 62,315 ▼ 7% vs 2024 (€ 66,681) Unfavourable step	▼ 7%
Equity	€ 2,526,020 Equity 2022: € 2,526,020 First fiscal year in the series	€ 2,534,871 Equity 2023: € 2,534,871 Unchanged (€ 2,526,020) Favourable step	€ 2,601,552 Equity 2024: € 2,601,552 ▲ 3% vs 2023 (€ 2,534,871) Favourable step	€ 2,663,867 Equity 2025: € 2,663,867 ▲ 2% vs 2024 (€ 2,601,552) Favourable step	▲ 2%
Total debts	€ 2,458,102 Total debts 2022: € 2,458,102 First fiscal year in the series	€ 1,894,852 Total debts 2023: € 1,894,852 ▼ 23% vs 2022 (€ 2,458,102) Favourable step	€ 1,630,474 Total debts 2024: € 1,630,474 ▼ 14% vs 2023 (€ 1,894,852) Favourable step	€ 1,348,840 Total debts 2025: € 1,348,840 ▼ 17% vs 2024 (€ 1,630,474) Favourable step	▼ 17%
Cash	€ 114,927 Cash 2022: € 114,927 First fiscal year in the series	€ 160,366 Cash 2023: € 160,366 ▲ 40% vs 2022 (€ 114,927) Favourable step	€ 169,784 Cash 2024: € 169,784 ▲ 6% vs 2023 (€ 160,366) Favourable step	€ 118,503 Cash 2025: € 118,503 ▼ 30% vs 2024 (€ 169,784) Unfavourable step	▼ 30%
Land & buildings	€ 4,557,714 Land & buildings 2022: € 4,557,714 First fiscal year in the series	€ 4,189,479 Land & buildings 2023: € 4,189,479 ▼ 8% vs 2022 (€ 4,557,714) Unchanged	€ 3,962,258 Land & buildings 2024: € 3,962,258 ▼ 5% vs 2023 (€ 4,189,479) Unchanged	€ 3,755,572 Land & buildings 2025: € 3,755,572 ▼ 5% vs 2024 (€ 3,962,258) Unchanged	▼ 5%
Retained profit	€ 1,891,020 Retained profit 2022: € 1,891,020 First fiscal year in the series	€ 1,899,871 Retained profit 2023: € 1,899,871 Unchanged (€ 1,891,020) Favourable step	€ 1,966,552 Retained profit 2024: € 1,966,552 ▲ 4% vs 2023 (€ 1,899,871) Favourable step	€ 2,028,867 Retained profit 2025: € 2,028,867 ▲ 3% vs 2024 (€ 1,966,552) Favourable step	▲ 3%
Bank debt	€ 2,347,214 Bank debt 2022: € 2,347,214 First fiscal year in the series	€ 1,712,480 Bank debt 2023: € 1,712,480 ▼ 27% vs 2022 (€ 2,347,214) Favourable step	€ 1,439,143 Bank debt 2024: € 1,439,143 ▼ 16% vs 2023 (€ 1,712,480) Favourable step	€ 997,952 Bank debt 2025: € 997,952 ▼ 31% vs 2024 (€ 1,439,143) Favourable step	▼ 31%
Balance sheet total	€ 4,984,122 Balance sheet total 2022: € 4,984,122 First fiscal year in the series	€ 4,429,723 Balance sheet total 2023: € 4,429,723 ▼ 11% vs 2022 (€ 4,984,122) Unchanged	€ 4,232,026 Balance sheet total 2024: € 4,232,026 ▼ 4% vs 2023 (€ 4,429,723) Unchanged	€ 4,012,708 Balance sheet total 2025: € 4,012,708 ▼ 5% vs 2024 (€ 4,232,026) Unchanged	▼ 5%

Key figures of GARCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to GARCO?

What happened at GARCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 62,315 (▼ 7% vs 2024). filed late Source: NBB ↗
2026 Koen Corstjens became a director. NBB
2026 Veerle Corstjens became a director. NBB
2026 Hilde Corstjens became a director. NBB
2026 An Corstjens became a director. NBB
2026 Katrien Corstjens became a director. NBB
2026 Godfried Corstjens stepped down as director. NBB
2026 Willem Corstjens stepped down as director. NBB

In short

From € 78,998 profit in 2022 to € 62,315 profit in 2025.

Paid € 51,892 in corporate taxes since 2022.

Best year ever: 2022, with € 78,998 profit.

Original PDFs at the National Bank ↗

Management

Koen Corstjens Veerle Corstjens Hilde Corstjens An Corstjens +1

DE REGENBOEGHE

GARCO

Behind GARCO are Koen Corstjens, Veerle Corstjens, Hilde Corstjens, An Corstjens and Katrien Corstjens. The same people are also behind DE REGENBOEGHE.

Directors

According to the 2025 annual accounts

Koen Corstjens

Director

Also active at: DE REGENBOEGHE

since 2026

Veerle Corstjens

Director

Also active at: DE REGENBOEGHE

since 2026

Hilde Corstjens

Chairman of the board

Also active at: DE REGENBOEGHE

since 2026

An Corstjens

Director

Also active at: DE REGENBOEGHE

since 2026

Katrien Corstjens

Director

Also active at: DE REGENBOEGHE

since 2026

Godfried Corstjens

Director

Also active at: DE REGENBOEGHE

· until 2026

Willem Corstjens

Managing director

Also active at: DE REGENBOEGHE

· until 2026

Alfred Corstjens

Director

Also active at: DE REGENBOEGHE

· until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Bosstraat 24 box 7

3680 Maaseik

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

DE REGENBOEGHE same network

€ 17,756 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0423.942.161

VAT number

BE 0423.942.161

Registered office

Bosstraat 24 bus 7, 3680 Maaseik

Names & denominations

GARCO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 March 1983

Peppol

Active · Active since 23 Oct 2024

Contact

[email protected] 0494159077

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en exploitatie van sociale woningen

Activiteiten van holdings

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van terreinen

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

GARCO

Warning lights

Financials

What happened to GARCO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions